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Medical Office Near Covenant Hospital
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1236 N Michigan Ave, Saginaw, MI 48602

Medical office space within walking distance of Covenant Hospital.

Property Size2,456 SF
Price / SF$81.43
Days on Market1171

Property Features for 1236 N Michigan Ave

General Information

Standard status Active
Size 2,456 SF
Property subtype Office
Zoning COMMERCIAL IMPROVED (RMU ZONING)

Building Details

Year Built 1966
Year Renovated 1966
Buildings 1
Stories 2
Listing Agency: The Miller Group of Saginaw Inc
Listed By: Robert Morford · License #MI 6502366247
Source: Crexi
Added: Jun 8, 2023 Changed: Aug 8 Last Checked: Aug 8 at 4:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of The Miller Group of Saginaw Inc

Investment Insights

Based on property information with market context.

This 2,456 square foot medical office is located within walking distance of Covenant Hospital and is situated on the Saginaw Transit Authority Bus Route. The building features 4 exam rooms, a private doctor's office, a waiting area, and a reception area. There is a full basement with record shelving. The property also includes a private living space on the 2nd floor with a separate entrance. The exterior is landscaped.

Key Highlights

  • Walking distance to Covenant Hospital
  • Four exam rooms suitable for medical practice
  • Private living space on 2nd floor with separate entrance

Property Analytics

Current Use

Galsterer E George ... Physician E G Galsterer Physician

Suggested Use

Top Pick Real Estate Agency Kitchen & Bath Showroom Plumbing Service Garden Center (Bike/Boat/Book/etc) Store Catering Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,332
Businesses Nearby
Under-served
Demand for This Use

Demographics for 48602, MI

27,613
Population
12,286
Households
2.2
Avg Household Size
36
Median Age
15%
College-Educated
83%
High-School Grad
7.8 sq mi
ZIP Area
3,540
Density / Sq Mi
$46,068
Median Household Income
$29,611
Median Earnings
$902
Median Rent
$70,200
Median Home Value

Market

Vacancy Rate% for Office in Midwest region

13.7% 2019
15.6% 2020
17.1% 2021
18.9% 2022
21% 2023
22% 2024
21.3% 2025
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Frequently Asked Questions

What type of property is this?
Medical Office Space - Medical office space within walking distance of Covenant Hospital.
Where is this medical office space located?
The property is located at 1236 N Michigan Ave Saginaw, MI.
What is the asking price?
The asking price for this property is $200,000.
What are key features of this property?
This property features: Walking distance to Covenant Hospital; Four exam rooms suitable for medical practice; Private living space on 2nd floor with separate entrance
More about this property
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